New European Regulation on the prospectus when securities are offered to the public or admitted to trading
On 30 June 2017, the Official Journal of the European Union published Regulation No. 2017/1129 of the European Parliament and of the Council on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC.
July 3, 2017On 30 June 2017, the Official Journal of the European Union published Regulation No. 2017/1129 of the European Parliament and of the Council on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (the “Regulation”).
The Regulation’s approval is framed in the capital markets union creation process and aims to harmonise the legal framework of public offering or admission to trading prospectuses, facilitate issuers’ access to markets and make them more efficient, enhance cross-border transactions and guarantee an equivalent investor protection in every EU Member State.
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